Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

National Insurance Institute reveals large-scale scheme for draining the Pensions Fund

National Social Security Institute
Photo: BGNES

Bulgaria's National Social Security Institute (NOI) has revealed a large-scale scheme to drain the Pensions Fund. It refers to false documents from closed enterprises, about dozens of people appointed to the same position, about signing employment contracts with dead people. 

The most drastic case is related to certificates of the state company Stroimashinengineering, declared bankrupt in 1997, deleted from the registers in 2012 and declared to be the legal successor of another state company. Thus, in the period 2012-2017, more than 350 false applications for granting or recalculating pensions were submitted in the capital with attached employment records and unrealistically high incomes entered in them. 
With the disclosure of the scheme, particularly large damages have been prevented, considering the long-term payments, for which several million BGN are needed annually.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Greece approves extradition of a Bulgarian to USA over charges of smuggling banned products to Russia

Greece will extradite to the USA a Bulgarian arrested on charges of creating and participating in a criminal group for smuggling. The Greek Supreme Court has confirmed the extradition of the Bulgarian citizen who was detained in..

published on 7/25/24 11:46 AM

No agreement in parliament whether MPs should work in August

There is no agreement among the parliamentary groups on whether the National Assembly should work throughout the month of August or go on vacation. This became clear after the council on Thursday. Only "There is Such a People" (ITN)..

published on 7/25/24 10:42 AM

Bulgaria hosts conference on climate risks in the Black Sea region

The Bulgarian Academy of Sciences and the Municipality of Sofia are hosting a scientific conference on "Climate Risks in the Black Sea Region", which is held on July 25 and 27. Internationally recognized scientists from Bulgaria and..

published on 7/25/24 8:05 AM